Ethereum (ETH) 
$3,764.76As of July 30 at the level of $ 3,821. Ethereum, which recorded a value of 53 percent in the last month, said that there are various reasons for this rise in the price of Ethereum. According to sector representatives, the expectation of the Altcoin season and the increase in the demand for corporate investor was effective in gaining value of Ethereum.
Altcoin season and corporate demand
Market experts, in recent weeks in the crypto currency market “Altcoin season” called a period called. During this period, Bitcoin 
$117,959.83 Increased interest and transaction volume of crypto assets other than outside, positively affected the prices of projects such as Ethereum. Corporate investors also have an increase in the demand for Ethereum.
It is stated that this rise in corporate demand is related to the inclusion of major financial institutions in the investment portfolios of Ethereum. According to experts, Ethereum’s infrastructure, which allows smart contracts and decentralized practices, increases institutional interest. In addition, the spread of Blokzincir technology plays a role in increasing investments in Ethereum. Crypto investors’ application – the reason will surprise you!
Revival in Defi and Increase in Total Locked Value
Recently, another element that has taken the price of Ethereum is the revival of the decentralized finance (defi) platforms. The increase in the total value (TVL) locked in the defi ecosystem increases the demand for Ethereum and thus affects price movements.
Experts point out that this mobility observed on defi platforms accelerates the growth of the Ethereum ecosystem. The rise in TVL figures is considered as an indicator of increasing investor confidence.
Coingape analysis, “Defi revives and this situation can help to re -test the price of Ethereum $ 4,000” statements are included.
Price forecasts and market expectations
In market analysis, Ethereum is expected to exceed $ 4,000 in the short term. In the medium term, it is estimated that the rise tendency can continue and the price may rise to $ 5,400. However, there is no clear view of the certainty of these predictions, and analysts draw attention to the variability of market conditions.
Some sector representatives say that the growth in Defi and the increase of locked assets can create a positive pressure on Ethereum. It is also stated that investors should approach cautiously against the wavy structure of the crypto money market.
Ethereum’s performance in recent weeks has a tendency to rise in the crypto market in general. Defi’s developments and the increase in corporate demand indicate that ETH price mobility may be on the agenda in the coming period. However, it is not ignored that the general aspect of the market and external factors may affect prices.
Recently, Ethereum has gained value as a result of the increasing corporate investor interest, the start of the Altcoin season and the total increase in the total value locked on defi platforms. Although experts estimate that the upward movement may continue in the short term in the price of Ethereum, a definite conclusion cannot be reached due to the variable of market conditions. Investors are advised to closely follow the developments in the market and the developments related to Ethereum.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
